Indian automotive sector likely to see 70 pc workforce expansion in H2 FY25
The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 per cent workforce expansion in the second half of FY25, a report showed on Thursday.
The automotive sector is experiencing a net employment change of 8.5 per cent, with hiring momentum fuelled by growing consumer interest in electric vehicles (EVs), premium models, and high-tech, connected automobiles, said the report by TeamLease Services, India’s premier staffing solutions company.
This surge in demand is compelling companies to ramp up EV production and integrate advanced technologies, creating a robust demand for specialised roles such as robotics experts, software engineers, and supply chain managers.
A significant 70 per cent of employers in the sector plan to expand their workforce, showcasing the industry's growth trajectory and its pivotal role in the Indian economy.
The geographical distribution of hiring trends reveals that Chennai (63 per cent), Mumbai (62 per cent), and Delhi (61 per cent) are the leading cities for workforce expansion in existing roles.
